LM_XL502 St. Joseph, MO Wed, February 12, 2020 USDA Market News USDA ESTIMATED NATIONAL LAMB CARCASS CUTOUT Based on 5-Day Rolling weighted average FOB plant prices collected under Mandatory Price Reporting and industry yields. Values reflect U.S. dollars per 100 pounds. CUTS FOB PRICE CHANGE %CARCASS LBS FORESADDLE 204 RACK, 8-RIB MEDIUM 875.82 -18.89 5.68% 3.86 204C RACK, ROAST-READY, FR 1,635.65 -25.59 3.24% 2.20 209 BREAST ** 291.47 -8.06 7.74% 5.26 207 SHOULDERS, SQ-CUT 327.90 -0.05 22.96% 15.61 210 FORESHANK 438.83 1.37 3.24% 2.20 NECK ** 217.97 -1.41 2.38% 1.62 FAT and BONE 10.00 0.00 3.44% 2.34 296 GROUND LAMB 585.55 1.86 1.92% 1.31 SHRINK 0.35% 0.24 HINDSADDLE 232 LOINS, TRIMMED 4X4 537.82 -18.36 5.73% 3.90 232 LOINS, TRIMMED 1X1 597.28 39.90 3.55% 2.41 232E FLANK, UNTRIMMED ** 137.57 -10.06 2.86% 1.94 233A LEG, TROTTER OFF 393.98 1.32 15.82% 10.76 234 LEG, BONELESS, TIED 563.21 0.05 11.38% 7.74 FAT and BONE 10.00 0.00 7.43% 5.05 296 GROUND LAMB 585.55 1.86 1.93% 1.31 SHRINK 0.35% 0.24 -------------------------------------------------------------------------------- GROSS CARCASS VALUE: 426.00 -2.16 100.00% 68.00 FORESADDLE VALUE 454.52 -4.89 50.95% 34.65 HINDSADDLE VALUE 396.37 0.67 49.05% 33.35 Carcass value less process/packaging per cwt cost of $59.00 NET CARCASS VALUE 367.00 -2.16 * Fat and Bone an industry survey value for LM_XL502 calculation * Based on Actual Federally Inspected Slaughter Carcass Weight of 68.00 lbs. for W/E 01/24/2020 , 1.00 lbs heavier than last week. **Includes Fresh and Frozen Product -------------------------------------------------------------------------------- Source: USDA Livestock, Poultry & Grain Market News Division, St. Joseph, MO 816-676-7000 email: stjoe.lpgmn@ams.usda.gov www.ams.usda.gov/market-news/livestock-poultry-grain 1530C